KUALA LUMPUR: Mah Sing Group Bhd has announced its plan to develop its latest product, M Azura, on four acres of its fifth land deal of the year, which was acquired in Setapak, Kuala Lumpur for RM74.3mil. M Azura will be the group’s third development in Setapak, along with both M Astra and M Adora,…
Read MoreKUALA LUMPUR (Dec 8): RHB Retail Research said LBS Bina Group Bhd is set to propel towards the year-to-date (YTD) high, as it surpassed the 57.5 sen breakout level on Thursday, on the back of surging trading volume. In a trading stocks note on Friday, the research house said the latest “higher high” bullish pattern…
Read MoreKUALA LUMPUR (Dec 7): Chin Hin Group Bhd has filed its establishment of a perpetual medium-term note (MTN), in a bid to raise up to RM500 million, with the Securities Commission Malaysia (SC). In a bourse filing on Thursday, the group said proceeds raised from the issuance of the perpetual MTN shall be utilised for…
Read MoreKUALA LUMPUR (Dec 8): Sime Darby Property Bhd and Brunsfield Metropolitan Sdn Bhd have mutually terminated their 60:40 joint venture (JV). The JV, Sime Darby Brunsfield Holding Sdn Bhd, is dissolved at book value effective Friday, said Sime Darby Property in a statement. The JV will now be Sime Darby Property’s wholly owned subsidiary, and…
Read MoreKUALA LUMPUR (Dec 8): The government is committed to increasing the acceptance level of Malaysians to shift to electric vehicles (EVs), including electric motorcycles, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz (pictured). He said this is due to the benefits of EV mobility, which is not only limited to cars,…
Read MoreKUALA LUMPUR (Dec 7): Works Minister Datuk Seri Alexander Nanta Linggi (pictured) has confirmed that existing highway concessionaires will still have the rights to collect toll charges as per agreements with the government that are still in force, despite the development of the multi-lane free-flow (MLFF) project by a private firm. In a Facebook post,…
Read MoreKUALA LUMPUR (Dec 7): The TRX City Park officially opened to the public last Wednesday (Nov 29). It is located on the rooftop of The Exchange TRX lifestyle hub and retail mall, and covers 10 acres (4.05 hectares). The retail component is part of The Exchange TRX mixed-development that sits on 17 acres and is…
Read MoreKUALA LUMPUR (Dec 7): A total of 26,645, or 86.43%, out of 30,841 loan applications were approved for the youth group under the Housing Credit Guarantee Scheme (SJKP) from 2008 to Sept 30 this year. Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir (pictured) said the SJKP had provided RM5 billion in loan guarantees,…
Read MoreKUALA LUMPUR (Dec 6): Bon Estates and Malaysia Airlines are collaborating to “elevate lifestyles and expand horizons” of potential buyers of Bon Kiara’s units. The “Beyond Home And Horizons: Elevate Your Lifestyle, Enrich Your Experience” is a two-month campaign between Bon Estates and Malaysia Airlines that brings together property buyers, investors, and industry leaders for…
Read MoreKUALA LUMPUR (Dec 6): Land & General Bhd’s (L&G) The Wyn Residences in Puchong Jaya, Selangor has achieved a take-up rate of 35% since its official launch on Dec 3 (Sunday). Occupying a 3.55-acre leasehold land, The Wyn Residences has a gross development value (GDV) of RM630 million and will have a total of 1,546…
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